Growth is expected to have slowed to 3% in FY15/16; growth should improve to 3.5% in FY16/17 and 4.5% in FY17/18. Foreign currency shortages and a tourism sector hard hit by terror and uncertainty has hurt economic growth. The fiscal deficit is expected to have narrowed to 11% of GDP in FY15/16; it should improve to 9% in FY16/17 and 8% in FY17/18.Provided by National Bank of Kuwait